Ocean Group acquires tug owner to expand in western Canada

The purchase of Samson and its two tugs operating in the Vancouver area bring Ocean Group’s fleet working in the state to six vessels.

Ocean Group acquired several major contracts in British Columbia in March 2020, including one for harbour towing services in the Port of Vancouver.

To service the contract, the business brought in three modern tugs, including newbuildings from Vietnam. A fourth tug was added after more than a year of operations.

Ocean Group president and chief executive Jacques Tanguay said the larger fleet was needed to meet growing requirements from shipping in the Vancouver area.

“We share Canadian values of respect and integrity with Samson Tugboats and we intend to focus on the continuity of our activities, in a sustainable development perspective,” said Mr Tanguay.

“The two harbour tugs will become part of Ocean Group’s fleet and will meet the needs of our clientele in the Vancouver area,” he said.

“This acquisition is in line with our desire to have high quality standards for our clients.”